White Elephant
posted on
Jun 29, 2011 09:54AM
I am always fascinated when I see the bid ask for WTG. One always sees a massive spread. We all know this is due to very closely held float and likely manipulation.
For example today.
Bid = 1.62 (12,500 shares)
Ask = 1.78 (5,000 shares)
This is close to a 10% spread.
Screening stocks as follows with TD waterhouse tools:
TSX mainboard
Non-energy minerals
Stock price of (1-3 bucks)
90 day volume (0 - 10,000)
I receive:
Let's get rid of the preferred shares in Brick. Not sure why WTG doesn't show up, though it probably hasn't been listed long enough.
What company (as in companionship) are we in - anyone know much about these companies off hand?